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Categories: Auto Finance, Dealer Ops, Showroom, Training
CNCDA: Calif. New-Vehicle Registrations Fall for the Fifth Straight Quarter

Despite the decline, the trade group expects the California market will end the year with around 2 million new-vehicle registrations. That would be a slight...

https://www.autodealertodaymagazine.com/351048/cncda-calif-new-vehicle-registrations-fall-for-the-fifth-straight-quarter
Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training

The deal was first reported on Sunday by The Banks Report, which described the pending acquisition as checking off 'several boxes for CDK while filling a...

https://www.autodealertodaymagazine.com/324057/cdk-global-to-acquire-elead1one
Categories: Compliance, Dealer Ops, F&I, Showroom, Training
FTC, 12 Partner Agencies Conduct Used Car Rule Compliance Sweep

The compliance sweep, which took place in seven states, is the first since the agency's new Used Car Rule took effect earlier this year. Dealers who failed...

https://www.autodealertodaymagazine.com/324056/ftc-12-partner-agencies-conduct-used-car-rule-compliance-sweep
Categories: Auto Finance, Dealer Ops, Showroom, Training

Retail sales for the first half of 2018 are expected to be the weakest since 2014, but record transaction prices have consumers on pace to spend nearly $5...

https://www.autodealertodaymagazine.com/324024/lmc-j-d-power-first-half-retail-sales-weakest-in-four-years
Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training
Updated: Roadster Secures New Funding, Announces New Ties With Lithia, Lexus

The startup’s war chest now totals $30 million after securing $15 million in new funding. The announcement comes on the heels of two other major...

https://www.autodealertodaymagazine.com/324018/updated-roadster-secures-new-funding-announces-new-ties-with-lithia-lexus
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training
Black Book: Harvey May Have Totaled 1 Million Vehicles

Black Book issued its estimate days after Cox Automotive Chief Economist Jonathan Smoke said the number of damaged vehicles could reach half a million. With...

https://www.autodealertodaymagazine.com/323404/black-book-harvey-may-have-totaled-1-million-vehicles
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training

Particularly hard hit in September were mid-size cars, while the luxury car segment experienced a nice bounce in its average wholesale price, according to...

https://www.autodealertodaymagazine.com/322671/kontos-wholesale-values-flat-in-september
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training

Average wholesale values fell again on a month-over-month basis in June, but they remain up on a year-over-year basis thanks to the continued price strength...

https://www.autodealertodaymagazine.com/322475/kontos-strong-truck-values-drive-3-3-increase-in-wholesale-prices-in-june
Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training

General Motors responded on Friday to legal concerns raised in a Feb. 8 letter from the California New Car Dealers Association. The automaker said it is not...

https://www.autodealertodaymagazine.com/322184/california-dealers-question-legality-of-gms-online-sales-portal
Categories: Dealer Ops, Digital, F&I, Showroom, Training

The software giants are currently forming an integration team to determine how the combined companies will be organized once the deal closes in the third...

https://www.autodealertodaymagazine.com/321734/cox-automotive-to-buy-dealertrack-for-4-billion


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